They've done this dance for a while, and with both seeing slowing subscriber rates, it's really no surprise. I wonder what all the XM fanboys are going to say now? I'm just happy I don't have to pay double for my wife's "gift" of XM in her Honda, and my Sirius subscription in my car. Pending shareholder approval, both companies expect the merger to be completed by end of this year. Glad to see it- this is a situation where the consumer clearly wins. More details at Orbitcast.
Disclaimer The opinions expressed herein are my own personal opinions and do not represent my employer's view in any way.